PFFD

Global X U.S. Preferred ETF

$18.93

+0.00%

Market closed. Last update: 12:26 PM ET

📎 Investment Objective

The Global X U.S. Preferred ETF (PFFD) seeks to provide investment results that correspond generally to the price and yield performance of the BofA Merrill Lynch Diversified US Preferred Securities ex-Contingent Capital Index.

Overview

ETF tracking Global X U.S. Preferred ETF

Category Preferred

Issuer Other

Inception Date 2020-01-14

Market Cap $2.3B

Average Volume N/A

Dividend Yield 5.30%

52-Week Range $18.11 - $20.52

VWAP $18.96

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a broad range of U.S. preferred stocks, including traditional preferred securities and hybrid preferred securities, to track the performance of the underlying index. The index is designed to measure the performance of the U.S. preferred securities market.

✨ Key Features

Broad exposure to the U.S. preferred securities market
Diversified portfolio of preferred stocks across sectors and issuers
Low expense ratio of 0.00%
Potential for regular income through preferred stock dividends

⚠️ Primary Risks

Interest rate risk: Preferred stocks are sensitive to changes in interest rates, which can impact their prices
Credit risk: The creditworthiness of the preferred stock issuers can affect the fund's performance
Liquidity risk: Preferred stocks may have lower trading volumes, which can impact the fund's ability to buy or sell positions
Concentration risk: The fund may have significant exposure to certain sectors or industries

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. preferred securities market as part of a diversified portfolio. It may be particularly appealing to those seeking regular income and a low-cost way to access the preferred stock asset class.